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These days, finding an affordable place to live in the 08221 area can be challenging. Home prices in 08221 are now at a median cost of $302,809, lower than the New Jersey average of $388,929.
The average cost of rent is $1,791/mo in 08221, primarily driven by the current value of real estate in the 08221 area. While nearly 33.43% of residents own their homes outright in 08221, 14.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08221 is $9,745 per month. Households that rent pay about 18.38% of their income on rent here. 08221's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08225, NJ: less expensive homes
- 08244, NJ: less expensive homes
- 08403, NJ: higher priced homes
- 08234, NJ: less expensive homes
- 08402, NJ: higher priced homes
- 08232, NJ: less expensive homes
- 08406, NJ: less expensive homes
- 08226, NJ: higher priced homes
- 08201, NJ: less expensive homes
- 08401, NJ: less expensive homes
Zip Codes with Similar Populations
- 98569, WA: less expensive homes
- 93924, CA: higher priced homes
- 94028, CA: higher priced homes
- 07432, NJ: higher priced homes
- 07421, NJ: equally priced homes
- 95139, CA: higher priced homes
- 06249, CT: equally priced homes
- 02859, RI: equally priced homes
- 02718, MA: higher priced homes
- 98047, WA: equally priced homes
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